Signature Healthcare Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10279084 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2019

for

Signature Healthcare Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr. R Samani

REGISTERED OFFICE:

6 The Marlins

Northwood

United Kingdom

Middlesex

HA6 3NP

REGISTERED NUMBER:

10279084 (England and Wales)

FIXED ASSETS

Intangible assets

4

3,612

4,128

Tangible assets

5

2,031

-

5,643

4,128

CURRENT ASSETS

Stocks

8,200

2,550

Debtors

6

86,600

67,777

Cash at bank and in hand

-

6,612

94,800

76,939

CREDITORS

Amounts falling due within one year

7

33,180

45,156

NET CURRENT ASSETS

61,620

31,783

TOTAL ASSETS LESS CURRENT LIABILITIES

67,263

35,911

CREDITORS

Amounts falling due after more than one year

8

90,000

42,000

NET LIABILITIES

(22,737

)

(6,089

)

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Retained earnings

(23,737

)

(7,089

)

SHAREHOLDERS' FUNDS

(22,737

)

(6,089

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 April 2020 and were signed by:

Mr. R Samani - Director

1.	STATUTORY INFORMATION

Signature Healthcare Services Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover relates to fees receivable in respect of the provision of online pharmacy sales, net of VAT and trade

discounts.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Going concern

These accounts are prepared on a going concern basis given the continued support of the director.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 August 2018

and 31 July 2019

5,160

AMORTISATION

At 1 August 2018

1,032

Amortisation for year

516

At 31 July 2019

1,548

NET BOOK VALUE

At 31 July 2019

3,612

At 31 July 2018

4,128

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

3,046

At 31 July 2019

3,046

DEPRECIATION

Charge for year

1,015

At 31 July 2019

1,015

NET BOOK VALUE

At 31 July 2019

2,031

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

17,840

8,876

Amounts owed by group undertakings

66,448

55,155

Other debtors

2,312

3,746

86,600

67,777

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Bank loans and overdrafts

1,268

-

Trade creditors

12,126

1,202

Other creditors

19,786

43,954

33,180

45,156

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2019

2018

£

£

Other creditors

90,000

42,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

100

Ordinary

£10

1,000

1,000

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors due within one year is a balance amounting to £3,208 (2018:£6,609) due to the director, Mr

R Samani.

Included in creditors due after more than one year is a balance amounting to £35,000 (2018:£30,000) due to the

director, Mr R Samani.

11.	RELATED PARTY DISCLOSURES

Included in other debtors is a balance amounting to £66,448 (2018:£55,155) due from Signature Healthcare

Recruitment Ltd, a company in which Mr R Samani is a director.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R Samani by virtue of his 100% share holding of the voting share capital.